• 04 Aug 21

TomCo Energy: 'Their system offers unique advantages as process for commercialising oil sands'

TomCo Energy: 'Their system offers unique advantages as process for commercialising oil sands'

TOMRA Systems ASA | 0KV7 | 0 0 0%

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Proactive analyst Ed Stacey talks to Katie Pilbeam about TomCo (LON:TOM) an oil & gas exploration and production company which operates in the Uinta Basin in Utah. 

The Uinta Basin and adjacent formations hold some of North America’s largest deposits of oil sands with the potential to yield some 10 billion barrels of oil. 

In June 2020 the company announced the formation of a joint venture (JV) called Greenfield Energy LLC to unlock the potential for oil sands development within the area using an innovative
new production technology.

Click here to read Proactive analyst Ed Stacey's latest research report on 'TomCo Energy - raising our DCF valuation'

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